CURRENT AFFAIRS

Detailed explanation-1: -Yezdi Nagporewalla has been appointed as the new CEO of KPMG in India for a term commencing February 7, 2022 and ending on December 31, 2026. He was nominated by the KPMG India Board and approved by the India Partners.

Detailed explanation-2: -KPMG is a professional services network that provides audit, tax and advisory services. In 1987, KPMG was created through a merger between Peat Marwick International (PMI) and Klynveld Main Goerdeler (KMG). In the 2021 fiscal year, the company reported global revenue of $32.13 billion.

Detailed explanation-3: -Established in August 1993, the KPMG entities have rapidly built a significant competitive presence in the country. Today we operate from offices across 14 cities including in Ahmedabad, Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Jaipur, Kochi, Kolkata, Mumbai, Noida, Pune, Vadodara and Vijayawada.